Economics

We have all heard by now of Vulture Funds, those that buy cheaply poor countries’ debt, eg, from the IMF or the World Bank, and then pursue the debtor though international courts to force it to pay back in full.…

Her Majesty The Queen Buckingham Palace London SW1A 1AA 5th November 2013 Madam [Your Royal Highness, Ed.], I write as director of the global Tax Justice Network and as former Economic Adviser to the States of Jersey. On 7th November the Tax…

A couple of years ago I published an Article in Pressenza about Credit Rating Agencies (CRAs). In the week that Standard and Poor decided to downgrade France it is worth repeating what was said then, because nothing has changed (for…

Anti-austerity events were organised by different groups in London in front of Buckingham Palace, Trafalgar Square and Parliament square and Westminster bridge, to coincide with similar actions in many countries around the world. In the UK it was bonfire night,…

Democracy Now! [US]”Food Stamp Recipients Face “Hunger Cliff” as Deep Cuts Take Effect The more than 47 million people who receive food stamps in the United States will see a decrease in their aid beginning today as a temporary boost…

Article published by Occupy London, Economics Working Group “The Co-op Bank: Mutual or Burst Since the appalling news of a Co-op Bank takeover by US hedge “vulture” funds (Aurelius Capital and Silver Point Capital) a growing body of Co-op members…

[divide][clear] The challenge to the pervading (and failing) economic system that began as a discussion in the Occupy/Indignados demos has been reaching deep into some Universities amongst students of Economics, but not exclusively. Soon after Occupy Wall Street set base…

The new proposed EU/US Free Trade Agreement was never going to be about promoting prosperity for all, rather it is a a way for big corporations to avoid regulation. E.g, the UK National Health Service radical changes being implemented have…

By Thalif Deen. For IPS UNITED NATIONS, Oct 16 2013 (IPS) – With the richest one percent of the population now owning 40 percent of global assets, and the bottom half sharing just one percent, inequality is fast being recognised…

By Clive Menzies for Critical Thinking, presented to the meeting “The future of Occupy” A study published in the New Scientist shows 147 “super-entities” control 40% of a network of 43,060 trans-national corporations and 60% of their revenues which means…